Monthly Archives: February 2012

After today’s colonoscopy/enema in paper  gold and silver, there really shouldn’t be any doubt that these paper markets are even more rigged than the broader stock market. Especially in silver; we saw a multiple percentage point drop IN ONE HOUR…  … Continue reading →

Look at the Case-Shiller data. Prices keep dropping, but that won’t stop the usual shills from claiming otherwise. Just to repeat though, I think in the end that credible realtors, or anyone else involved in the home industry will benefit … Continue reading →

It was reported today that Warren Buffet once again poo-pooed gold in his statement to shareholders.  In case you are tempted to listen to him, here are five reasons why you need to ignore old Uncle Warren.: First, you are … Continue reading →

A lot of discussion regarding the explosion higher in gold and silver open interest (meaning the number of players in the futures casino.) Its important to remember that not more than 2 months ago many were writing obituaries for the … Continue reading →

Taken from a cartoon sent from my friend Bill: “MBA: I have an MBA and yet I keep losing money in the stock market. How can this be? Goldbug: I put all of my money in gold because its shiny– … Continue reading →

Cognitive Dissonance and me go way back, especially when we are talking about real estate, an industry which has employed and continues to employ many members of my family. You may be surprised to know that, in addition to being … Continue reading →

After listening to people like Jim Sinclair and Ann Barnhardt (among others) tell people to essentially stock up on ammo, physical gold or silver, and stop using brokerage accounts (basically), you could come away pretty scared and confused regarding the … Continue reading →

Any person alive in the 1970s remembers the incredible bull market in mining stocks. Toward the end of that decade, there were many stocks that appreciated 10 or 20 TIMES in just a few years from 1978 to 1980. At … Continue reading →

I’m stealing this from jsmineset.com, and CIGA (comrade in golden arms), Lew. Hope they don’t mind: Employment statistics as taught by the two revered classical economists, Abbott and Costello. COSTELLO: I want to talk about the unemployment rate in America. … Continue reading →

If you were even paying attention to the BLS nonsense, you were just treated to another example of “its not the government’s job to tell you the truth.” Nor is it the Federal Reserve’s job (to quote Alan Blinder, who … Continue reading →